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by Jamie Redman

5 days ago



POLYMARKET ODDS SUGGEST 81% CHANCE OF RFK JR. EXITING 2024 RACE AS SHANAHAN
HINTS AT TRUMP ALLIANCE




Based on Polymarket odds, Robert F. Kennedy Jr., a 2024 independent presidential
candidate, has a 81% probability of exiting the race after his running mate,
Nicole Shanahan, hinted that their campaign might align with former President
Donald Trump. On Tuesday, the odds of Kennedy withdrawing peaked to it’s highest
point yet.


RFK JR.’S CAMPAIGN FACES 81% DROPOUT ODDS

That same day, Nicole Shanahan disclosed in an interview that Robert F. Kennedy
Jr. is actively contemplating leaving the 2024 election, with the possibility of
“joining forces” with Trump, the Republican nominee. However, she also mentioned
that Kennedy is still weighing the option of remaining in the race to “establish
ourselves” for a potential 2028 bid. Following this news, prediction market
bettors pushed Kennedy’s odds of exiting the race to 81%.

Polymarket odds at 2:53 p.m. EDT on Tuesday.

On Polymarket, at 2:22 p.m. EDT on Tuesday, the likelihood of Kennedy bowing out
stood at 73%. Unlike the Kamala Harris campaign, Kennedy has garnered
significant support from the crypto community, thanks to his favorable stance.
Over the past year, he has made appearances at two Bitcoin conferences,
championing bitcoin and voicing his opposition to central bank digital
currencies (CBDCs).



“There’s two options that we’re looking at and one is staying in, forming that
new party, but we run the risk of a Kamala Harris and Walz presidency because we
draw votes from Trump, or we draw somehow more votes from Trump,” Kennedy’s
running mate Shanahan said during her appearance on the Impact Theory podcast.

As of Aug. 20, Polymarket bettors still have Vice President Kamala Harris and
former President Trump neck and neck in the race for the presidency with a 49%
chance each. Meanwhile, Kennedy’s odds remain in the negative, with a -1% chance
of winning the 2024 general election. By 2:53 p.m. EDT on Tuesday, Kennedy’s
odds of leaving the race rose to a significant 81% chance.

What do you think about Kennedy considering dropping out of the election? Share
your thoughts and opinions about this subject in the comments section below.

--------------------------------------------------------------------------------

Bitcoin.com News is seeking a News Writer to produce daily content on
cryptocurrency, blockchain, and the digital currency ecosystem. If you are
interested in becoming a key member of our innovative global team, apply here.

TAGS IN THIS STORY

Bitcoin, campaign strategy, CBDC, crypto community, Donald Trump, Nicole
Shanahan, Polymarket, presidential election, RFK Jr.




JAMIE REDMAN

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech
journalist living in Florida. Redman has been an active member of the
cryptocurrency community since 2011. He has a passion for Bitcoin, open-source
code, and decentralized applications. Since September 2015, Redman has written
more than 8,700 articles for Bitcoin.com News about the disruptive protocols
emerging today.



LATAM INSIGHTS: EL SALVADOR OFFERS BITCOIN INSTRUCTION TO 80,000 PUBLIC
SERVANTS; MERCADO LIBRE LAUNCHES STABLECOIN

News | 1 hour ago

ETHEREUM FOUNDATION DEFENDS $96.9M TRANSFER AMIDST CRITICISM

News | 4 hours ago

Image Credits: Shutterstock, Pixabay, Wiki Commons





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IN CASE YOU MISSED IT

Latam Insights: El Salvador Offers Bitcoin Instruction to 80,000 Public
Servants; Mercado Libre Launches Stablecoin

Welcome to Latam Insights, a compendium of Latin America's most relevant crypto
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